A pandemic is plaguing the cryptocurrency industry today, yet most of us don’t yet know we’re infected. These diseases arise from extreme exposure to hundreds of national and local laws, jurisdictions, rules, and unknown legal risks due to engaging in open global systems in a world that is largely still clinging to nation-centric, hyper-local rules and controls. While currently there is no cure for these diseases as a whole, we can acquire immunity to some of the most problematic, by using an existing prophylactic vaccine: arbitration. This article aims to explain what options exist and how they might be used to protect yourself, your clients, and the industry. http://bravenewcoin.com/news/vaccinating-ourselves-from-local-courts/
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Recently, I was contacted by a fellow Bitcoiner and informed about some possible shady goings-on on the DECENT platform. Reportedly, the platform has raised 5352BTC (3.2M USD equivalent) in its token presale, but the product appears to be on some shaky grounds. Lets have a look at what we can find out about the platform, the presale and have a look at whether there is something shady going on... https://www.reddit.com/r/BraveNewCoin/
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Wayniloans is built on a simple premise, get a loan with better terms than the bank, or earn higher returns than stocks and bonds. The Bitcoin based lending platform is less than a year old and has already made almost 600 loans in Argentina, totalling more than 7000 bitcoin. https://www.reddit.com/r/BraveNewCoin
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Noel Lovisa has been thinking about the industrial revolution, and how programming might go through a similar transformation. The Founder of Code Valley has been working on the idea since 1994. Mass production is the key to industrialization, Lovisa posits in the Code Valley whitepaper, and mass production is built upon the principles of standardization, interchangeability and reductionism. https://www.reddit.com/r/BraveNewCoin/
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Two leading Japanese bitcoin exchanges recently unveiled initiatives to accelerate bitcoin adoption in Japan. “Since Mt. Gox incident image of bitcoin in Japan is terrible,” the Business Development Lead of Coincheck, Kagayaki Kawabata, told BNC. The now defunct Tokyo-based Mt. Gox was handling approximately 70 percent of global bitcoin transactions before it’s collapse, subsequent bankruptcy, and the arrest of CEO Mark Karpeles. https://www.reddit.com/r/BraveNewCoin/
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Blockchain applications live in their own digital realm, totally orthogonal to the “meat space” also known as the Real World™. Be it decentralized application or smart contracts, their reach is limited to the space they can control. Any use case projection in our reality eventually confronts the following hard fact: how can an app efficiently and securely interact with the physical world? http://bravenewcoin.com/news/hardware-oracles-bridging-the-real-world-to-the-blockchain/
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Bitcoin adoption within the international remittance market is starting to show its first real signs of life. According to the founder and CTO of BloomSolutions, Luis Buenaventura, bitcoin powered remittances now account for 20% of the Asian remittance corridor between South Korea and the Philippines. “$35-40M a year is bitcoin, probably more than that,” he told BNC during an interview. According to the world bank, US$215 million passed through the corridor last year. http://bravenewcoin.com/news/bitcoin-remittances-20-percent-of-south-korea-philippines-corridor/
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Bank of England (BoE) Chief Cashier and Director for Notes, Victoria Cleland, recently gave a speech highlighting the Bank's work on central bank-issued digital currency (CBDC). Clelands keynote presentation was given at the second international workshop for P2P Financial Systems in London on Sept. 8 and 9. The BoE co-sponsored the event with Bank of Canada, Deutsche Bundesbank, House of Finance, Federal Reserve Bank of St. Louis, and UCL Research Centre, bringing together scholars, regulators, and practitioners. http://bravenewcoin.com/news/bank-of-england-states-central-bank-issued-digital-currency-will-compete-with-commercial-banks/
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